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Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%
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PROFIT from the PROS

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Dear Subscribers,

A popular investment saying is; "As January goes, so goes the rest of the year".

Well let's hope that is the case because the S&P 500 rallied another +2.3% in January. This rise is due to the clear improvements in economic conditions. And on Monday we got another shining example of that with the positive readings in the Personal Income and Outlays report.

Where we go over the next few weeks will depend on the strength of new data such as the ISM and Employment reports versus the growing troubles in the Middle East. My guess is that the latter piece will keep investors cautious for a while and we will spend a bit more time under Dow 12,000. When the dark cloud lifts, and all eyes can be properly focused on the attractiveness of US stocks, then the market will advance once again. Make sure your portfolio is properly positioned for that next rally.

Featured Commentaries on Zacks.com
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•  Ahead of Wall Street for Monday Jan. 31st: Start the week off right with this popular daily commentary.

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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